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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues:      
Products and related services $ 13,529 $ 7,457 $ 8,642
Projects 12,218 26,179 17,534
Warranty and support 8,303 3,597 3,334
Total revenues 34,050 37,233 29,510
Cost of revenues:      
Products and related services 4,851 4,680 5,603
Projects 2,825 5,321 2,902
Warranty and support 1,190 487 477
Total cost of revenues 8,866 10,488 8,982
Gross profit 25,184 26,745 20,528
Operating expenses:      
Research and development 15,503 10,562 8,047
Less - royalty-bearing participation 1,648 1,599 1,693
Research and development, net 13,855 8,963 6,354
Sales and marketing, net 11,426 10,996 8,528
General and administrative 3,391 4,191 4,523
Total operating expenses 28,672 24,150 19,405
Operating income (loss) (3,488) 2,595 1,123
Financial income, net 1,136 389 816
Income (loss) before taxes on income (2,352) 2,984 1,939
Taxes on income (63) (83) (24)
Net income (loss) $ (2,415) $ 2,901 $ 1,915
Basic net income (loss) per Ordinary Share $ (0.18) $ 0.24 $ 0.18
Diluted net income (loss) per Ordinary Share $ (0.18) $ 0.23 $ 0.18
Weighted average number of Ordinary Share used in computing basic net income (loss) per Ordinary Share 13,630,793 12,039,176 10,406,897
Weighted average number of Ordinary Share used in computing diluted net income (loss) per Ordinary Share 13,630,793 12,351,566 10,779,547